Jain Irrigation Systems surged 9% to Rs 108.80 on BSE after the company announced the investment in United States’ (US) largest micro irrigation dealers – Agri-Vally Irrigation (AVI) & Irrigation Design and Construction, Inc. (IDC).
“The company through its multi generation wholly owned subsidiary in US agreed to acquire 80% stake in two US entities. The company has entered into an agreement to merge ownership of their businesses into a newly formed distribution company,” Jain Irrigation Systems said in a press release.
The new organisation is an unparalleled leader in design, construction, service and innovation Ag Technology. This
“The company through its multi generation wholly owned subsidiary in US agreed to acquire 80% stake in two US entities. The company has entered into an agreement to merge ownership of their businesses into a newly formed distribution company,” Jain Irrigation Systems said in a press release.
The new organisation is an unparalleled leader in design, construction, service and innovation Ag Technology. This